Sales dropped 9% to an annualised £1.5bn in 2018 at this family-owned shoemaker, which has been working on a turnaround plan. It is due to resume some manufacturing in Britain later this year, opening a factory near its Somerset headquarters capable of producing 300,000 desert boots a year. It says the plant will use robotic technology. Stella David, 55, former boss of William Grant & Sons (No 54), has stepped up from non-executive to interim chief executive following the departure of Mike Sherwood in June.
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